Delta Offers Severance Packages To Entire Workforce | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-10.28.24

Airborne-NextGen-10.29.24

Airborne-Unlimited-10.30.24

Airborne-Unlimited-10.24.24

Airborne-Unlimited-10.25.24

Tue, Dec 16, 2008

Delta Offers Severance Packages To Entire Workforce

75K Employees Offered Early-Out Ahead Of Probable Layoffs

Well, that didn't take long.

Delta Air Lines says it needs fewer people to run the company in 2009, after planned cuts of six-to-eight percent take effect. In order to minimize involuntary firings, the company says it will offer most of its 75,000 employees voluntary separation packages, looking to get an unspecified number of takers.

The Associated Press reports the news came Friday in a memo to employees from Delta CEO Richard Anderson and President Ed Bastian. A similar program earlier in the year drew about 4,000 volunteers. Northwest also offered a similar scheme before it was acquired by Delta.

In the words of the memo, "Consistent with how we have managed headcount reductions in the past, we again will offer voluntary programs to Delta employees including those who have joined from Northwest."

The effort actually involves two separate programs. One will cover employees with at least 10 years of service, whose years of age and service add up to at least 55. A second program will be offered to remaining frontline or contract ground workers and flight attendants with five or more years of service, and some other employees hired before January 1.

The announcement came 10 days after Delta announced it would reduce flights and cut systemwide capacity at both Delta and Northwest, as ANN reported.

FMI: www.delta.com

Advertisement

More News

Senator Pushes FAA to Accelerate Rocket Launch Licensing

States That Current Process is Damaging National Aerospace Development US Senator Jerry Morgan is pushing the FAA to speed up the process for rocket launch licensing. He argues tha>[...]

Classic Aero-TV: RJ Gritter - Part of Aviation’s Bright New Future

From 2015 (YouTube Edition): Model Aviator Aims For Full-Scale Career While at the 2015 Indoor Electric RC Festival, referred to as eFest, ANN CEO and Editor-In-Chief, Jim Campbell>[...]

Aero-FAQ: Dave Juwel's Aviation Marketing Stories -- ITBOA BNITBOB

Dave Juwel's Aviation Marketing Stories ITBOA BNITBOB ... what does that mean? It's not gibberish, it's a lengthy acronym for "In The Business Of Aviation ... But Not In The Busine>[...]

ANN's Daily Aero-Linx (10.27.24)

Aero Linx: Cardinal Flyers Online The Cardinal Flyers Online Web site was created and is maintained by me, Keith Peterson. My wife Debbie and I have owned a 1976 RG since 1985. Wit>[...]

ANN's Daily Aero-Term (10.27.24): Clearance Void If Not Off By (Time)

Clearance Void If Not Off By (Time) Used by ATC to advise an aircraft that the departure release is automatically canceled if takeoff is not made prior to a specified time. The exp>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC